Panama Papers: UAE president leads London property holdings
The president of the United Arab Emirates owns London properties worth more than 1.2 billion pounds (USD 1.7 billion, 1.5 billion euros) through offshore companies revealed in the so-called Panama Papers, The Guardian reported Wednesday.
Apr 06, 2016, 17:17 PM ISTPanama Papers: UAE president leads London property holdings
Owning British property through offshore companies is perfectly legal, but it is controversial because such holdings obscure the identity of the owners.
Apr 06, 2016, 14:53 PM IST